New York:Public-Private Partnerships (PPPs) are set to enhance the infrastructure necessary for advancing Nigeria’s minerals sector from extraction to market, According to Infrastructure Concession Regulatory Commission (ICRC).
According to News Agency of Nigeria, Dr. Jobson Ewalefoh, Director-General of the ICRC, highlighted the importance of PPPs in providing roads, rail, ports, and logistics infrastructure. This was discussed during a briefing at the Nigeria-U.S. Critical Minerals and Infrastructure Investor Room Meeting, held alongside the 81st session of the UN General Assembly in New York.
Ewalefoh emphasized the critical role that supporting infrastructure plays in realizing the full potential of the mineral collaboration between Nigeria and the U.S. He stated that effective transport and logistics systems are essential for moving minerals from mines to processing plants and ports.
The Nigerian PPP regulator’s presence in New York aimed to attract investments across the minerals value chain. Ewalefoh noted that legal reforms have been implemented to attract and safeguard investors, with a focus on roads, rail, ports, and logistics sectors.
He acknowledged the significant investment milestone marked by a $7 billion agreement with DP World for the Ogun State Deep Sea Port. Under President Bola Tinubu’s leadership, Nigeria has developed a legal framework and agreement template to protect investors from various risks, bolstering investor confidence.
Ewalefoh credited improved collaboration among government agencies with removing investment obstacles, fostering an environment conducive to business. The commission has seen increased investor interest across various sectors, indicating that Nigeria is keen to welcome business opportunities.
The Investor Room, led by Dr. Jumoke Oduwole, Nigeria’s Minister of Industry, Trade, and Investment, convened leaders from government, industry, finance, and infrastructure sectors of both countries. The minister highlighted that Nigeria’s solid mineral exports reached N354 billion in 2025, attracting over $2.6 billion in foreign direct investment within 30 months.